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ChestNutz

07/13/15 9:17 AM

#19682 RE: Rollann #19681

Averaging down hasn't worked lately if you look at the last 3 months. Buying at .05 was a loss just less of one than buying at .08 but I hear you. Investors can either average down or not here but in my shoes throwing more money in here wouldn't be wise if you look at the downtrend. If they can break the trend and hold gains it might look mire promising but that hasn't happened in a loooooooong time. Not fear on my end I just like keeping my money and if possible using it to make more and this has been a great way to lose money so not averaging down is definitely looking good.

Stocktillyoudrop

07/13/15 10:12 AM

#19684 RE: Rollann #19681

I never understood the reasoning of averaging down.